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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Al-Hiti: 60 countries are preparing to participate in the reconstruction of liberated areas

    Rocky
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    Al-Hiti: 60 countries are preparing to participate in the reconstruction of liberated areas Empty Al-Hiti: 60 countries are preparing to participate in the reconstruction of liberated areas

    Post by Rocky Mon 31 Jul 2017, 3:34 am

    Al-Hiti: 60 countries are preparing to participate in the reconstruction of liberated areas



    31/7/2017 12:00 am

    Baghdad / Omar Abdul Latif
    The head of the fund for the reconstruction of the areas affected by terrorism Mustafa Mohammed al-Hiti, the readiness of about 60 countries, to rebuild the areas liberated from the organization calling for the terrorist, while hinted at the existence of a new loan worth 500 million dollars, stressing that a consulting firm will assess the extent of damage in those "There is a Kuwaiti willingness to hold a donor conference on its soil after discussions since 2016, when a delegation from the State of Kuwait visited the fund and this conference was agreed upon in a gesture of goodwill," al-Hiti said in an interview with Sabah.In addition, the conference will be preceded by procedures for the survey of the affected areas to determine the projects and the estimated budget after the commissioning of the Kuwaiti side in cooperation with Iraq, to ​​find a global company to assess the damage and to present the results at the donor conference, so that the information Solid and documented, evidence and data ".
    "Kuwait has preferred that the conference be held in December this year or January next year, coinciding with the liberation of Mosul and the expulsion of criminal gangs from these areas," he said, adding that a Kuwaiti delegation would visit Iraq soon and head for the city. Mosul to see the extent of the destruction that took place in this city. "
    "The IMF responded to an invitation from the World Bank to discuss the reconstruction of the areas affected by terrorism in Washington, DC on the tenth of this month, in the presence of nearly 35 countries," he said, adding that "
    The fund is close to completion of the first loan of the bank of 350 million dollars and very little interest, and paid after 15 years, and there was a challenge to convince the international community to increase the amount of the loan through the presentation of the direct work done by the Fund in the last phase of the first loan, which amounted to 152 projects and coordination between circles The state and the donor and the working state. The fund had what it wanted, as the countries agreed to increase the loan to 500 million dollars, to include Nineveh after liberation from the clutches of terrorism, after the first loan was allocated to the governorates of Salahaddin and Diyala, Iraq) , " and between the "The fund is able to manage the money and supervise it, which now amounted to about one billion and 200 million dollars, after adding the amount of the government budget."
    Heti stressed, "the readiness of about 60 countries for the reconstruction of Iraq, depending on the type of participation, whether funds or the entry of companies and others" , Adding that "we began to reap the promises that Iraq received in Madrid for reconstruction in 2004, where the amount of funds $ 36 billion, $ 26 billion in grants, and the rest soft loans, did not receive in time more than a billion and a half billion dollars, because The conditions experienced by the most prominent political process beginning and instability of the security reality and the acceleration in the change of power, which affected the possibility of attracting those amounts. "
    Al-Hiti noted that "the fund has developed two ways to obtain these funds by building trust between the international community and the Iraqi government. The management of such funds requires very efficient institutions, which disturbs the concern of the permanent question of where this money will go and how it will be managed by donors. A plan for the next ten years for reconstruction and development in the country, according to a mechanism for the exchange process through the disbursement of payments as the rates of completion of projects, "noting that"
    This is the way the World Bank is financing its projects, as well as the presence of technical and financial observers from the donor, to oversee and evaluate these projects in coordination with the Fund for reconstruction of the affected areas. "The President pointed out that" the second method is the validity of the guessing in this And the monitoring of the appropriate amount of these projects, which instills confidence in the database, when we asked Kuwait to allocate part of the grant to assess the damage in Iraq by a neutral international body, and then participate in the donor conference to report on the extent of damage in those areas, P Z amounts promised by Iraq since 2004, and did not get only a few of them, money management promoted properly and the safety evaluation of projects. "

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